Free content on the web, it’s time to stock up on food and ammo, and shore up the compound, because big media is coming to get you. According to Rupert Murdoch, the solution to the current problem with everything, is to start charging:
Rupert Murdoch expects to start charging for access to News Corporation’s newspaper websites within a year as he strives to fix a ”malfunctioning” business model.
Encouraged by booming online subscription revenues at the Wall Street Journal, the billionaire media mogul last night said that papers were going through an “epochal” debate over whether to charge. “That it is possible to charge for content on the web is obvious from the Wall Street Journal’s experience,” he said.
Wow. What do you think, kids. Are you going to start paying for everything again? The problem with that is that everyone would have to have a JOB again. And in order for everyone to have a job, everyone would have to start paying…oh, chicken, egg, chicken, egg.
OTOH, we kinda liked this quote from Jeff Katz in the CBR interview regarding his new American Original company:
And I might fail, but we live in a world where Sumner Redstone doesn’t know the way. Rupert Murdoch doesn’t know the way. Ted Turner doesn’t even go on the internet. So why isn’t my guess as good as theirs? At the very least, you won’t be able to say I didn’t put my money where my mouth was.